Author: Yeek.io
Somnia, a high-speed, Ethereum-compatible blockchain, launched its Shannon Testnet today as part of its push toward mainnet readiness. Named after information theory pioneer Claude Shannon, the testnet follows DevNet benchmarks exceeding 1 million transactions per second (TPS), offering developers a scalable platform for real-world applications. The Shannon Testnet introduces multiple third-party validators and staking protocols, enhancing decentralization and security. During DevNet testing, it processed over 3.6 million transactions across 300,000+ unique addresses, with sub-second finality and sub-cent transaction fees. The time is NOW! Somnia’s Testnet: Shannon is LIVE. 🚀https://t.co/8xNRJIm1kBBuilt to handle MILLIONS of users: fast, stable, and ready for real-world…
The cryptocurrency market is brimming with opportunities, and investors constantly seek assets with high growth potential. As blockchain adoption accelerates, Qubetics, Monero (XMR), and Cardano (ADA) have emerged as notable contenders, each offering unique value propositions. Whether it’s Qubetics’ innovative Web3-aggregated chain, Monero’s privacy-focused network, or Cardano’s development-driven ecosystem, these projects are gaining traction. Here’s an in-depth analysis of these promising digital assets for those looking to invest in the top crypto for short-term gains. Qubetics: Unlocking Cross-Chain Interoperability The blockchain industry is still fragmented, with most networks operating in silos, limiting cross-chain asset transfers and data exchange. Qubetics seeks…
In April 2025, Bitcoiners from across the world will converge in Douala, Cameroon, for the Conference Bitcoin Afrique (CBA), a groundbreaking event dedicated to Bitcoin adoption in French-speaking African countries.This is not just another crypto or Bitcoin event — it will be a focused, high-impact gathering that aims to educate, empower, and connect the French-speaking Bitcoin community like never before.With over 400 in-person attendees expected and a digital reach exceeding 50,000 people via social media platforms such as Facebook, X, Youtube, and TikTok, this conference represents a crucial milestone in Bitcoin adoption across French-speaking Africa.But why is this event French-only…
Chainlink (LINK) is flashing bearish signals as it forms a pennant pattern, hinting at a potential continuation of its downward trajectory. After struggling to gain bullish momentum, the price remains in consolidation, with sellers keeping a tight grip on the market. If this pattern plays out, LINK could be at risk of a steep drop, with key support levels facing increased pressure. Market sentiment appears cautious, as bulls attempt to hold the line against growing bearish momentum. A breakdown from this structure might accelerate losses, pushing LINK toward lower price zones. However, if buyers manage to invalidate the pattern, a…
Este artĂculo tambiĂ©n está disponible en español. Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines. Related Reading Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared a technical analysis on X, revealing that ETH recently took…
Quick take: Zhou said despite the hack all withdrawals remain normal and that the exchange is solvent and will cover the $1.46 billion stolen. The “masked transaction” transferred the funds from Bybit’s ETH multi-sig cold wallet to the exchange’s warm wallet. Zhou said the exchange is now open to any help in tracking the funds, but maintains that even if the assets are not recovered, they are fully backed 1-to-1. Bybit has suffered a major breach to one of its ETH cold wallets, losing 514,723 ETH (approximately $1.46 billion) according to OnchainLens. News of the exploit was first posted by…
Homepage > News > Business > Bitcoin retrospective and focus on the internet’s future This week, the CoinGeek Weekly Livestream welcomed a special guest, Mike Hearn, to talk about Bitcoin, payments, and the future of the internet. Hearn was an early Bitcoin developer who personally interacted with Satoshi Nakamoto. Enjoy the insightful conversation between Hearn and Kurt Wuckert Jr. via the link below. title=”YouTube video player” frameborder=”0″ allow=”accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share” referrerpolicy=”strict-origin-when-cross-origin” allowfullscreen=””> Introducing Mike Hearn For Bitcoin OG’s, Mike Hearn needs no introduction. However, for those who may not be familiar with him, Wuckert asks him…
San Francisco-based AI hiring startup Mercor has successfully closed a $100 million Series B funding round, propelling its valuation to a staggering $2 billion—eight times its previous worth of $250 million. This latest investment was led by Felicis, with continued support from Benchmark, General Catalyst, and DST Global, highlighting strong investor confidence in Mercor’s AI-driven approach to recruitment. With this significant capital boost, Mercor aims to expand its AI-powered hiring platform, enhance its technology to improve candidate predictions, and invest in scaling the supply side of its talent marketplace. A Youth-Driven AI Revolution: Founded in 2023, Mercor is the brainchild…
 Bloomberg ETF expert recently predicted that the U.S. SEC has a 65% chance of approving a spot XRP ETF. Polymarket showed an 81% chance that the Ripple ETF will be approved in 2025. In the ongoing market uncertainty, Ripple [XRP] holders seem to be confused due to significant price fluctuations in recent days. The potential reasons for this are the ongoing Ripple cases and the potential approval of a spot XRP Exchange-Traded Fund (ETF) in the United States. Spot XRP ETF and its latest update The Securities and Exchange Commission (SEC) has accepted three XRP ETF submissions within a…
Binance-backed BNB Smart Chain is set to undergo the Pascal hard fork, bringing key features from Ethereum’s Pectra upgrade. BNB Smart Chain, the smart contract platform within the BNB Chain ecosystem, is prepping for a major update that borrows features straight from Ethereum’s Pectra upgrade to boost cross-chain compatibility. The new upgrade, which is part of BNB Chain’s 2025 roadmap, aims to speed up transactions, simplify user experience, integrate AI, and improve developer tools, according to a December 2024 blog post from the team. Crypto.news takes a quick look at what’s changing and whether BEP-20 token holders need to take…